Reuters: Scott Rostan on Sprint Nextel’s assuming majority stake in Clearwire
Sprint Nextel assumes majority stake in Clearwire
By Ben Berkowitz and Nicola Leske
(Reuters) - Wireless carrier Sprint Nextel Corp (S.N) said it has acquired a majority interest in Clearwire Corp (CLWR.O) by buying a stake from the company's founder.
A similar attempt by Sprint to take control of Clearwire last week was...